Sr Manager of Risk Control

Req ID: 464096 

BASIC PURPOSE: The primary purpose of this position is to ensure that the company’s trading operations function within agreed upon rules/policy/guidelines on a daily basis.   

MAJOR RESPONSIBILITIES:

• Calculate and validate company-wide Risk measurement, Value at Risk, on a daily basis.
• Interact with each trading personnel to ensure that they are taking appropriate risks, based on agreed upon exposure/Value at Risk limits.
• Review to approve/disapprove reasonable valuation curves to be used to report mark-to-market.
• Review to approve/disapprove appropriate instruments/methodologies to mitigate market risk.
• Review and validate valuation models, when necessary.
• Understand new trading strategies and their impact on the risk policy, work with the risk committee to amend the risk policy when appropriate.
• Monitor adherence to the company’s risk policy.
• Monitor adherence to laws and rules governing commodities trading.
• Maintain relationships with our futures clearing merchant to ensure good data exchange and accuracy in our respective systems.
• Onboard new trading strategies, making sure the risks are known and quantified.
• Respond to inquiries, investigations and subpoenas related to trading activity.
• Oversee the contract confirms process.
• Other duties assigned as needed.

EDUCATION AND EXPERIENCE:

• Education:
  • HS Diploma or equivalent required
  • Bachelor’s degree in Finance, Accounting, or Business
• Experience: Trading, Mid Office or any financial related experience required

SKILLS AND PHYSICAL DEMANDS:

• Skills:
  • Hard Skills: Proficent knowledge of Microsoft Office, model building, and trading applications
  • Soft Skills: Work with other employees, team player, detail and deadline oriented, multitasking, organizational skills, strong verbal and written communication skills, and keen attention to detail
• Typical Physical Demands:
  • Requires prolonged sitting, some bending and stooping
  • Occasional lifting up to 25 pounds.
  • Manual dexterity sufficient to operate a computer keyboard and calculator.
  • Requires normal range of hearing and vision.

Job Function(s): Corporate 

Love’s has been fueling customers’ journeys since 1964. Innovation and perseverance continue to lead the way for the family-owned and -operated business headquartered in Oklahoma City with more than 40,000 team members in North America and Europe. The company’s core business is travel stops and convenience stores with more than 630 locations in 42 states. Love’s continues its commitment to offer products and services that provide value for professional drivers, fleets, four-wheel customers, RVers, alternative fuel and wholesale fuel customers. Giving back to communities Love’s serves and maintaining an inclusive and diverse workplace are hallmarks of the company’s award-winning culture.

The Love’s Family of Companies includes:

• Gemini Motor Transport, one of the industry’s safest trucking fleets.
• Speedco and Love’s Truck Care, the largest oil change and preventive maintenance and total truck care network.
• Musket, a rapidly growing, Houston-based commodities supplier and trader.
• Trillium, a Houston-based alternative fuels expert.
• TVC Pro-driver, a commercial driver’s license (CDL) protection subscription service.